Shopify Accounting | Everything You Need to Know

Shopify accounting can be a royal pain in the neck if you don’t know what you’re doing. Also, what level of detail do you need if you’re a start-up company vs. an established business?

In this tutorial, Brittany Brown, CEO of LedgerGurus, explains:
👉Three different methods of Shopify accounting in QuickBooks Online
👉 When a business would want to use each method
👉Walks through how to do each method

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🔥 If you're interested in outsourcing your ecommerce accounting and having the experts handle it, click here to contact us: **
https://ledgergurus.com/ecommerce-acc...

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⬇️ MORE STUFF YOU SHOULD CHECK OUT ⬇️

** RESOURCE MENTIONED IN THE VIDEO: **

** eCommerce Bookkeeping Checklist **
https://ledgergurus.com/portfolio/eco...

** RELATED BLOG: How to Do Your Shopify Accounting | Everything You Need to Know **
https://ledgergurus.com/shopify-accou...

Brittany also references several other videos explaining how to do other aspects of accounting that you’ll need, so if you’re looking for them, here are the links:

** VIDEO: QBO Bank Feeds Setup **
   • QuickBooks Online Bank Feeds Set-Up  

** If you’re wondering why you DON’T want to sync Shopify to QuickBooks, read this: BLOG: Shopify-Quickbooks Integration | Rethink the Sync **
https://ledgergurus.com/shopify-quick...

** You may also want to keep a heads-up for these 5 Common Shopify Accounting Mistakes **
https://ledgergurus.com/5-common-shop...

**For more information about your financial statements, including how to set them up properly, check out our Financial Statements series of videos:

1 – An Intro to Financial Statements | for eCommerce Businesses
   • An Intro to Financial Statements | Fo...  
2 – How to Read & Analyze Your eCommerce Income Statement
   • How to Read and Analyze Your eCommerc...  
3 – How to Read & Analyze Your eCommerce Balance Sheet
   • How to Read and Analyze Your eCommerc...  
4 – How to Understand Your eCommerce Cash Flow Statement
   • How to Understand Your eCommerce Cash...  
5 - Setting Up Chart of Accounts in QuickBooks Online | for Online Sellers
   • Setting Up Chart of Accounts in Quick...  rs

** eCommerce accounting is VASTLY different from regular accounting. If you have an accountant doing all this for you, you may want to check that they’re doing things right. Download our “5 Signs of Bookkeeping Trouble with an eCommerce Business” to know what to look for: **
https://ledgergurus.com/portfolio/fiv...

** If you're interested in our ECOMMERCE ACCOUNTING SERVICES, click here to contact us: **
https://ledgergurus.com/ecommerce-acc...

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🧑‍💻 EMPLOYMENT OPPORTUNITIES:

We are always looking for awesome CPAs, accountants, and bookkeepers to join our team. If you're interested in working for LedgerGurus, check out our careers page:
https://ledgergurus.breezy.hr/?utm_so...

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   • Shopify Accounting |  Everything You ...  

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